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Last updated on April 21, 2014 at 5:21 EDT

Mr. Barry Stiefel is Appointed Chairman of Magal

February 4, 2013

YAHUD, Israel, February 4, 2013 /PRNewswire/ –

Magal Security Systems, Ltd. (NASDAQ GM: MAGS) today announced that the Board of
Directors has elected Mr. Barry Stiefel Chairman of the Board, effective February 15,
2013. Mr. Stiefel will succeed Mr. Jacob Perry, following his election to the Israeli
Parliament.

Mr. Barry Stiefel has been a member of Magal’s Board since November 2008. He currently
serves as Head of the Kirsh Family Office in London and has many years of experience in
various trade and financial firms as a CEO, financial director and consultant.

Jacob Perry, Chairman of the Board of Magal S3, commented: “Mr. Stiefel has been
closely involved with Magal over many years and is very familiar with its business, its
strategy and direction. The tightening of Magal’s relationship with its main shareholder,
the Kirsh Group, is a sign of their confidence in the company growth plans. I leave Magal
at a time when its future is bright and under strong leadership with a highly effective
management team.”

Mr. Stiefel, on behalf of the Board of Directors thanks Mr. Jacob Perry for his ten
years of service and contribution and wishes him every success as a member of the Israeli
Parliament.

About Magal S3

Magal S3 is a leading international provider of solutions and products for physical
and cyber security, safety and site management. Over the past 42 years, Magal S3 has
delivered tailor-made solutions and turnkey projects to hundreds of satisfied customers in
over 80 countries in some of the world’s most demanding locations.

Magal S3 offers comprehensive integrated solutions for critical sites, managed by
Fortis4G our 4th generation cutting edge Physical Security Information Management system
(PSIM). The solutions leverage our broadest portfolio of unique homegrown Perimeter
Intrusion Detection Systems (PIDS), advanced outdoors CCTV / IVA technology and holistic
Cyber Security solutions.

For more information:

        Magal S3                        CCG Investor Relations
        Eitan Livneh, CEO               Ehud Helft/Kenny Green

        Tel: +972-3-539-1421            Tel: (US) +1-646-201-9246

        Assistant: Ms. Elisheva Almog   Int'l dial: +972-3-607-4717

        E-mail: elishevaa@magal-s3.com  E-mail: magal@ccgisrael.com

http://www.magal-s3.com

SOURCE Magal Security Systems Ltd


Source: PR Newswire